Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) Short Interest Up 600.0% in January

Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 10,500 shares, a growth of 600.0% from the December 31st total of 1,500 shares. Based on an average trading volume of 18,400 shares, the short-interest ratio is presently 0.6 days.

Hammer Fiber Optics Price Performance

HMMR stock traded down $0.01 during midday trading on Tuesday, hitting $0.02. 301 shares of the company’s stock were exchanged, compared to its average volume of 1,963. Hammer Fiber Optics has a 1-year low of $0.00 and a 1-year high of $0.50. The business has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.16.

About Hammer Fiber Optics

Hammer Fiber Optics Holdings Corp invests in financial services technology and wireless telecommunications infrastructure in the United States. It offers HammerPay, a mobile payments platform to enable digital commerce between consumers and branded merchants for encrypted remittances and banking transactions.